Getting ready to file taxes? Here are ten tips to help you out. Tip One: Get organized. Go through all of the receipts you have from the past year and separate the receipts of items you have that will be tax deductible. Get the forms or software you will need to file your taxes...
The following is a brief list of some of the more important accounting tips that start ups should make sure are covered.
IRS Tax Tip: Ten Tax Tips For Individuals Selling Their Home
The Internal Revenue Service has some important information for those who have sold or are about to sell their home. If you have a gain from the sale of your main home, you may be able to exclude all or part of that gain from your income.Read more →
Tax Deductions vs. Tax Credits
Tax deductions and tax credits reduce your tax liability, but do so in different ways. Here’s what you need to know about deductions and credits when filing.
Is Hiring a CPA Worth it? 5 Tips for Getting Your Money’s Worth
Often when people find out I’m a tax accountant, I get asked, “How much does a CPA cost?” It’s like me asking “How much does a home cost?” We all understand that a 1,000 square-foot home in Kansas has a different cost than a 1,000 square-foot penthouse condo in New...